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Bank of Montreal (NYSE:BMO)
Cash from Financing
$13 Mil (TTM As of Oct. 2015)

Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.

For the three months ended in Oct. 2015, Bank of Montreal received $11 Mil more from issuing new shares than it paid to buy back shares. It received $2,978 Mil from issuing more debt. It received $459 Mil more from issuing preferred shares than it paid to buy back preferred shares. It spent $421 Mil paying cash dividends to shareholders. It spent $5 Mil on other financial activities. In all, Bank of Montreal earned $3,022 Mil on financial activities for the three months ended in Oct. 2015.


Definition

This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.

Bank of Montreal's Cash from Financing for the fiscal year that ended in Oct. 2015 is calculated as:

Cash from Financing(A: Oct. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-433.751529988+2756.27294982+150.70379437+-1661.56670747+-761.168910649
=50

Bank of Montreal's Cash from Financing for the quarter that ended in Oct. 2015 is

Cash from Financing(Q: Oct. 2015 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=11.4749082007+2978.12117503+458.996328029+-420.746634027+-5.35495716034
=3,022

Bank of Montreal Cash Flow from Financing for the trailing twelve months (TTM) ended in Oct. 2015 was 1155.74987626 (Jan. 2015 ) + -1356.89389641 (Apr. 2015 ) + -2808.05410868 (Jul. 2015 ) + 3022.49082007 (Oct. 2015 ) = $13 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Bank of Montreal's net issuance of stock for the three months ended in Oct. 2015 was $11 Mil. Bank of Montreal received $11 Mil more from issuing new shares than it paid to buy back shares.

2. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.

Bank of Montreal's net issuance of debt for the three months ended in Oct. 2015 was $2,978 Mil. Bank of Montreal received $2,978 Mil from issuing more debt.

3. Net Issuance of Preferred:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.

Bank of Montreal's net issuance of preferred for the three months ended in Oct. 2015 was $459 Mil. Bank of Montreal received $459 Mil more from issuing preferred shares than it paid to buy back preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Bank of Montreal's cash flow for dividends for the three months ended in Oct. 2015 was $-421 Mil. Bank of Montreal spent $421 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Bank of Montreal's other financing for the three months ended in Oct. 2015 was $-5 Mil. Bank of Montreal spent $5 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Bank of Montreal Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
Net Issuance of Stock -104-2861531,000012689-534119-434
Net Issuance of Debt 8,46213,712-8,636-24004,505405-1,3075302,756
Net Issuance of Preferred 06154645450284-401-193691151
Dividends -1,031-1,432-1,251-1,2440-1,700-1,512-1,901-1,697-1,662
Other Financing 11,52846,507528-1210-3,403-642-730-57-761
Cash from Financing 18,85559,116-8,742-600-187-2,061-4,664-41550

Bank of Montreal Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
Net Issuance of Stock -220-11827353425-183-174-11311
Net Issuance of Debt 818100002,267-405-1,9732,978
Net Issuance of Preferred 00031839600-324-2459
Dividends -469-495-485-471-463-318-426-446-432-421
Other Financing 0-383-25-10-17523-502-7-288-5
Cash from Financing -682-815-483-128-492291,156-1,357-2,8083,022
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